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Home / Momentum / Centamin (CEY.L) 24-04-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Centamin (CEY.L) 24-04-20

Will Centamin (CEY.L) continue to rise?

  • Now trading at 166.96p (at time of writing), the share price momentum has been strong.
  • Is this trend your friend?
  • Could this appeal to momentum investors?
  • Whilst the trend has been strong, remember that past patterns are not necessarily an indication of the future.
  • Be mindful of new events and the influence they can have on price action. Check regularly for updates.
  • Shares –1% from 12-month highs; +98% from 12 month lows.

Latest News

22 Apr:  Berenberg reiterates its buy rating on Centamin (CEY) and increased the target price to 148p (from 137p).

21 Apr:  Centamin, the mining company, re-iterated previous guidance although management does anticipate lower production within Q2.

07 Apr:  Berenberg reiterates its buy rating on Centamin (CEY) and reduced the target price to 137p (from 143p).

 

20 Mar:  Peel Hunt has upgraded its rating on Centamin (CEY) to buy (from hold).

02 Mar:  Peel Hunt reiterates its hold rating on Centamin (CEY) and increased the target price to 145p (from 125p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

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